More than half of private sector workers in the U.S. are enrolled in high-deductible health plans (HDHPs) a new study has found. The report by ValuePenguin, a division of LendingTree, also found the number of private sector workers enrolled in HDHPs rose in 2021 for the eighth-straight year.
The report, posted at the ValuePenguin website, notes that HDHPs might be a good value for some Americans, but for lower-income workers who have chronic conditions and whose employers don't also provide health savings plan contributions, HDHPs can become very expensive, and research has found that HDHPs can lead workers to skip or delay health care due to cost concerns.
|A record-high number
The report says that more than 55% of Americans were enrolled in HDHPs in 2021, a new record. The rate rose from 30.3% in 2013 (the lowest enrollment in the 10 years studied) to 55.7% in 2021, an 83.7% increase.
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